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They talk about the disappearing iPhone but what we all really want to hear about is Jony Ive's opinion on the disappearing taxes.
by shiado 9y ago
They talk about the disappearing iPhone but what we all really want to hear about is Jony Ive's opinion on the disappearing taxes.
- CamperBob2 9y agoHe'd probably say something like, "Don't hate the player, hate the game."
- sbuk 9y agoWhat disappearing taxes? They pay more tax than anyone else. If you are referring to tax on money they made outside of the USA, then go fish. They pay tax where they earn it. The USA is literally the only country that taxes it’s business and citizens for income earned outside of its borders.
- willtim 9y ago> They pay tax where they earn it. No they don't. They employ offshore tax havens, shell companies and exploit various loop holes in order to avoid doing so. It's lawful yes. But it's immoral and unfair to smaller businesses who do pay their share. Buying an iPhone in Europe means less money for infrastructure, schools, hospitals and universities. The iPhone itself piggybacks on decades of tax funded research and development, yet Apple do not contribute back. Apple are of course one of many corporations that employ these practices, but they are the largest and often market themselves as being ethical.
- sbuk 9y agohttps://www.apple.com/newsroom/2017/11/the-facts-about-apple-tax-payments/ https://www.apple.com/newsroom/2017/11/the-facts-about-apple...
- willtim 9y agoNot surprisingly, most information on this is outside apple.com: http://www.theguardian.com/news/2017/nov/06/apple-secretly-moved-jersey-ireland-tax-row-paradise-papers http://www.theguardian.com/news/2017/nov/06/apple-secretly-m...
- scott_karana 9y ago"Pay more tax than anyone else" is hollow when they also earn more than anyone else. We're talking about rates, not absolute figures. Eg, the "earned" and "tax paid" absolute totals need to be properly proportionate to each other, which is what most of the objections have been about. ;-)
- sbuk 9y agoI get the counter argument. I simply disagree with it. Or more, I disagree with the way it’s put. As a share holder, I’m more than happy with the status quo. A business or individual should be expected to pay what they don’t have too. That would be charitable donation, which is ironically tax deductible! I disagree with the richeously indignant who suggest otherwise...
- wolco 9y agoAs a shareholder I question the waste of money on this vanity hq.
- scott_karana 9y agoHuh? I was only talking about how it's disingenuous to talk about being the "biggest tax payer" when their effective rate still might be lower than what they "should have to pay" because of their complex accounting strategies. Not about progressive tax rates, which your comment seems to be about?